NOT LISTED FOR SALE

117 E Hemstead St Lexington, NC 27292

Estimated Value: $132,345 - $147,000

2 Beds
1 Bath
1,300 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $126,000 $97 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $804/month

24 Days on Market

Highlights

  • Attic
  • Bungalow
  • Central Air
  • No HOA
  • Tile Flooring
  • Fenced

About This Home

As of August 2023

A diamond in the rough awaiting its transformation. Calling all individuals with a passion for good ole sweat equity. First-time home buyers seeking an affordable option & astute real estate investors looking to capitalize on rising house prices. it has a multitude of possibilities. With planning & renovation, this could be a great investment. Bring your renovation ideas and schedule your appointment today

Last Agent to Sell the Property

Gustavo Pena

Magnolia Tree Realty License #301500 Listed on: 06/09/2023

Co-Listed By

Magnolia Chavez de Moya

Magnolia Tree Realty License #263584

Last Buyer's Agent

Liz Quezada

Coldwell Banker Advantage License #328582

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $882

Year Built

  • Built in 1948

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Level Lot
  • Cleared Lot
  • Property is zoned TN

Parking

  • Driveway

Home Design

  • Bungalow
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,184 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Tile Flooring
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Cellar
  • Crawl Space

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Poplar Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1103600050008
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$882

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 0.2
  • Co List Office Mls Id: HMTR01
  • Co List Office Phone: 336-306-8850
  • Subdivision Name: Poplar Heights
  • Directions: Get on I-74 from NC-68 Take I-85BL S/US-29 S/US-70 W to N Main St in Lexington Continue on N Main St. Drive to Hemstead St 117 Hemstead St Lexington, NC 27292
  • Above Grade Finished Sq Ft: 1184
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1948
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Tile
  • Has Basement: Cellar, Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1184
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cleared, Level
  • Pool Features: None
  • Construction Type: Aluminum Siding, Wood Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1103600050008
  • Zoning: TN
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 882
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Aug 10, 2023
Sold by
Vasquez Martin Rigoberto
Bought by
Velazquez Taychary Ortiz
Seller's Agent
Gustavo Pena
Magnolia Tree Realty
Buyer's Agent
Liz Quezada
Coldwell Banker Advantage
List Price
$135,000
Sold Price
$126,000
Premium/Discount to List
-$9,000
-6.67%
Views
216
Current Estimated Value
$139,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,836
Avg. Annual Appreciation
4.42%
Original Mortgage
$117,000
Outstanding Balance
$114,284
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$25,552

Purchase Details

Closed on
Sep 27, 2021
Sold by
Som And Ing Properties Llc
Bought by
Martin Rigoberto Vasquez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2018
Sold by
Lohr Philip B
Bought by
Ing Properties

Purchase Details

Closed on
Oct 22, 2018
Sold by
Johnson Darla Jill and Johnson Lee Brian
Bought by
Som And Ing Properties Llc

Purchase Details

Listed on
Jan 10, 2014
Closed on
May 27, 2014
Sold by
Secretary Of Hud
Bought by
Lyon James Alan
Buyer's Agent
Diana King
Thomason Realty Group, LLC
List Price
$25,000
Sold Price
$14,000
Premium/Discount to List
-$11,000
-44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.92%

Purchase Details

Closed on
Mar 26, 2013
Sold by
Cardens Salvador and Cardens Felly
Bought by
The Secretary Of Hud Of Washington D C

Purchase Details

Closed on
Feb 17, 2000
Sold by
Bates Murphey L Jr Et Als
Bought by
Cardenas Salvador

Purchase Details

Closed on
Jun 1, 1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Velazquez Taychary Ortiz $126,000 None Listed On Document
Martin Rigoberto Vasquez $85,000 Chicago Title Insurance Co
Vasquez Martin Rigoberto $85,000 Chicago Title
Ing Properties $3,000 None Available
Som And Ing Properties Llc $25,000 None Available
Lyon James Alan -- None Available
The Secretary Of Hud Of Washington D C $44,107 None Available
Cardenas Salvador $47,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Taychary Ortiz $117,000
Closed Velazquez Taychary Ortiz $15,000
Previous Owner Vasquez Martin Rigoberto $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2023 08/10/23 Sold $126,000 -3.1% $126 / Sq Ft
07/04/2023 07/04/23 Pending -- -- --
07/03/2023 07/03/23 Price Changed $130,000 -3.7% $130 / Sq Ft
06/09/2023 06/09/23 For Sale $135,000 +864.3% $135 / Sq Ft
05/29/2014 05/29/14 Sold $14,000 -44.0% $13 / Sq Ft View Prior Sale
04/23/2014 04/23/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $25,000 -- $23 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $876 $67,340 $0 $0
2024 $876 $67,340 $0 $0
2023 $876 $67,340 $0 $0
2022 $876 $67,340 $0 $0
2021 $598 $46,010 $0 $0
2020 $573 $44,390 $0 $0
2019 $582 $44,390 $0 $0
2018 $254 $44,390 $0 $0
2017 $254 $44,390 $0 $0
2016 $259 $44,740 $0 $0
2015 $249 $44,740 $0 $0
2014 $654 $51,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1107836

Triad MLS

APN: 11-036-0-005-0008-0-0-0